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Top energy21.com.mx News

Pemex Hemorrhages $3.3 Billion in Q3 2025 Despite Government Pouring in Rescue Funds

Claudia Sheinbaum · Mexico

Pemex Hemorrhages $3.3 Billion in Q3 2025 Despite Government Pouring in Rescue Funds

50% Right coverage: 6 sources

Mexico’s state oil company closed the third quarter of 2025 with a net loss of 61,242 million pesos (about $3.3 billion). That is far smaller than a year ago—roughly a 62% improvement—thanks to cost cuts, lighter taxes, and a new wave of government-backed financing, even as softer crude prices pulled sales down. The numbers tell […]See the Story

Compas Will Close Automotive Plant in Aguascalientes in 2026

Mercedes · Aguascalientes

Compas Will Close Automotive Plant in Aguascalientes in 2026

50% Right coverage: 4 sources

The Cooperation Manufacturing Plant Aguascalientes (Compas) plant will close on May 31, 2026, the company said in an information note. "We inform you that derived from the changes in the dynamics of the automotive market and in the preferences of consumers, the shareholders of Cooperation Manufacturing Plant Aguascalientes (Compas) have made the decision to conclude the operations of this plant on May 31, 2026," the company explained. He stresse…See the Story

Five Military Personnel Injured by Fire at Pemex Plant

Evacuations · Chiapas

Five Military Personnel Injured by Fire at Pemex Plant

Coverage: 2 sources

Five soldiers were injured after the fire this Monday afternoon of a gas pipeline in the Gas Cactus Processor Complex, located in Reforma, Chiapas, reported Mexican Oils (Pemex). The oil institution reported that the fire occurred in the 30-inch gas pipeline, at the injection point that goes from the Complex to the Cactus Measurement Regulatory Station, in the north of the entity, near the borders with Tabasco. "It is important to mention, that …See the Story

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